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RBI’s Monetary Policy Outlook: Easing Expected by December 2024

Experts Predict Significant Rate Cuts Amid Improved Inflation Trends The Reserve Bank of India’s Monetary Policy Committee (MPC) is poised to initiate an easing cycle starting in December 2024, according to a recent report from UBS. As domestic inflation forecasts show promising signs, this shift could mark a pivotal change in India’s monetary landscape. Improving […]

Real Estate Market Sees Surge Ahead of Festive Season in India

The Dream of Homeownership Homeownership is a dream for many, often seen as a major milestone in life. People invest considerable effort and resources to make this dream a reality, waiting for auspicious times to secure their perfect homes. Recently, buying a home has not only become a necessity but also a status symbol and […]

Crude Oil Prices Dip: Are Cheaper Petrol and Diesel on the Horizon?

Retail Fuel Prices May Drop as Margins Improve A recent decline in crude oil prices is creating an opportunity for state-owned oil marketing companies (OMCs) in India to reduce petrol and diesel prices by Rs 2-3 per litre. According to the rating agency ICRA, the average price of crude oil India imports fell to USD […]

India’s Manufacturing Boom Fuels Surge in Warehousing Demand

New Report Highlights Key Growth Trends in Industrial Real Estate National – Sept 27, 2024 – CBRE South Asia Pvt. Ltd, the leading real estate consulting firm in India, has released an insightful report titled Fortifying India’s I&L Landscape with a New Manufacturing Growth Formula. The findings underscore a substantial increase in warehousing demand, closely […]

NRI Investment in Indian Real Estate Surges Post-Pandemic

A Renewed Interest in Property Ownership The Indian real estate market is witnessing a resurgence of interest from Non-Resident Indians (NRIs), particularly following the COVID-19 pandemic. A growing number of NRIs are purchasing properties across various cities in India, driven by a desire for secure homes with better amenities, investment stability, and a wish to […]

India’s Real Estate Revolution: A $1 Trillion Future Awaits

Transformative Growth Positions India Among Global Leaders India’s real estate sector is undergoing an unprecedented transformation, now ranking 9th globally for home appreciation, according to the Knight Frank Global House Price Index. With a notable annual increase of 5.5% in housing prices for the second quarter of 2023, this rise signifies a major shift in […]

India’s Manufacturing Surge Fuels Warehousing Demand: A New Growth Era

A Significant Shift in the Landscape of Industrial Warehousing National – September 26, 2024 – A recent report from CBRE South Asia Pvt. Ltd., a leader in real estate consulting, has unveiled a transformative trend in India’s manufacturing sector that is dramatically reshaping the demand for warehousing space. Titled “Fortifying India’s I&L Landscape with a […]

GoM Stands Firm Against GST Relief for Real Estate Sector Amid Ongoing Discussions

GoM Stands Firm Against GST Relief for Real Estate Sector Amid Ongoing Discussions

Concerns Grow Over Tax Burden in Joint Development Agreements In a recent meeting in Goa, members of the Group of Ministers (GoM) convened to address the Goods and Services Tax (GST) implications for the real estate sector, particularly concerning joint development agreements (JDAs). Despite ongoing deliberations, there appears to be little support for providing tax […]

U.P. RERA Revolutionizes Fund Transfers: A New Era for Allottees

Streamlined Processes Enhance Speed and Efficiency in Recoveries Lucknow/Gautambudh Nagar: In a groundbreaking move, the U.P. Real Estate Regulatory Authority (RERA) has linked its portal with the banking system, drastically reducing the time taken for money recovery transfers to allottees. This innovative integration promises a faster, more efficient process for all parties involved. Instant Updates […]

Office Space Demand Hits Record High: 47 Million Sq Ft Leased in 2024

Unprecedented Growth in Leasing Activity Drives Market Confidence Bengaluru, 26th September 2024: The demand for Grade A office space across India’s top six cities has surged to an impressive 46.7 million sq ft in the first nine months of 2024, marking a remarkable 23% year-over-year growth. The third quarter alone saw leasing activity soar to […]